Thu08272015

Last updateThu, 27 Aug 2015 7pm

LOS ANGELES Thursday, August 27th 2015 10:23

 'A PROMISE IS A PROMISE'

Special to CityWatch: Can Jorge Ramos Save The American Immigrant Dream?

Tony Castro
TONY CASTRO’S LA- President Barack Obama’s disappointing failure to champion immigration reform, what The Washington Post called his “immigration train wreck,” may be the consummate example of the failure of the Obama presidency on Latino issues. It is also a tell-tale sign of the potential trouble the Democratic Party could find itself in…

Museum Row’s Billion Dollar Block Party

Tim Deegan
EXCLUSIVE TO CITYWATCH--City planners, developers, community members and other stakeholders are having a block party in the Miracle Mile: no champagne but plenty of stress served to order, depending on who you're aligned with. Issues with development: take a seat. Raising hundreds of millions of dollars for development, take several seats. Here…

What Is It About The Homeless That Makes Us So Angry?

Bob Gelfand
GELFAND’S WORLD--It was a long public hearing at my neighborhood council the other night. Outraged, obviously frightened homeowners were pitted against advocates for the homeless. At least that's how it started, but it's not how it ended. It's curious, but in this contentious culture of ours, it turned out to be possible to have a meeting of the…

Kill the Transit Tax, Kill the Olympics

Ken Alpern
ALPERN AT LARGE-You know, it's indeed possible that there will be enough voters who won't remember (or care about) the current shenanigans and budget games in the City of LA--enough to allow a 2/3 vote to pass a new sales tax measure in November 2016. Then again, maybe enough voters will remember, and the initiative will (like its predecessor…

Headlines Don’t Lie – LA Needs Leadership

Dennis Zine
JUST THE FACTS-I’m talking to you as a man who policed Los Angeles streets for over 30 years and established policy for another 14 years -- two years as an elected Charter Reform Commissioner and 12 years as an elected Los Angeles City Councilman. Take a look at the latest Los Angeles News and Breaking Headlines. They tell a frightening story…

Airbnb Just Floats by the PLUM Committee

Tony Butka
THE CITY-I was going to do my usual flip and cynical kind of a piece on the Airbnb hearing, but the issue is too important, and just maybe, all is not lost. The Planning and Land Use Management (PLUM) Committee hearing was scheduled in the Public Works Hearing Room, but so many people attended that they had to move it to City Council Chambers…

Bikeshare Comes to Los Angeles … Sort Of

Richard Risemberg
WAITING ON LA--Here’s photographic confirmation that bikeshare has arrived in LA: Not the City of Los Angeles, though; not quite yet. That’s a live bikeshare station in Santa Monica, on Main Street, next to one of the two bike corrals that grace the block south of Ashland. (There’s another and very busy bike corral two blocks north.) This is a…

The Summer of My Discontent ... LA Version

Denyse Selesnick
MY TURN--I think there is such a thing as the "Dog Days of Summer" since my usual sunny disposition ... glass half full demeanor ... seems to be out of sorts of late. There is a litany of things that are annoying me, aside from the heat. I am disappointed in our local government ... not all of them, but a majority. Like many of you I studied the…

Marilyn Who? Ask Councilman Krekorian or Mayor Garcetti

Richard Lee Abrams
PRESERVATION POLITICS-Who doesn’t like Marilyn Monroe? Councilmember Krekorian, that’s who! Why else would Councilmember Paul Krekorian support the demolition of one of the most significant homes of Marilyn Monroe? With the blessings of Mayor Garcetti, who believes in eradicating as much of Hollywood’s history as possible, and with the support of…





Record Breaking! Josh Groban sings Trump


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The GOP’s Big Investors

POLITICS - Have you heard of William Dore, Foster Friess, Sheldon Adelson, Harold Simmons, Peter Thiel, or Bruce Kovner? If not, let me introduce them to you. They’re running for the Republican nomination for president.
I know, I know. You think Rick Santorum, Newt Gingrich, Ron Paul, and Mitt Romney are running. They are – but only because the people listed in the first paragraph have given them huge sums of money to do so. In a sense, Santorum, Gingrich, Paul, and Romney are the fronts. Dore et al. are the real investors.

According to January’s Federal Election Commission report, William Dore and Foster Friess supplied more than three-fourths of the $2.1 million raked in by Rick Santorum’s super PAC in January. Dore, president of the Dore Energy Corporation in Lake Charles, Louisiana, gave $1 million; Freis, a fund manager based in Jackson Hole, Wyoming, gave $669,000 (he had given the Santorum super PAC $331,000 last year, bringing Freis’s total to $1 million).

Sheldon Adelson and his wife Miriam provided $10 million of the $11 million that went into Gingrich’s super PAC in January. Adelson is chairman of the Las Vegas Sands Corporation. Texas billionaire Harold Simmons donated $500,000.

Peter Thiel, co-founder of PayPal, provided $1.7 million of the $2.4 million raised by Ron Paul’s super PAC in January.

Mitt Romney’s super PAC raised $6.6 million last month – almost all from just forty donors. Bruce Kovner, co-founder of the New York-based hedge fund Caxton Associates, gave $500,000, as did two others. David Tepper of Appaloosa Management gave $375,000. J.W. Marriott and Richard Marriott gave a total of $500,000. Julian Robertson, co-founder of hedge fund Tiger Management, gave $250,0000. Hewlett-Packard CEO Meg Whitman gave $100,000.

Bottom line: Whoever emerges as the GOP standard-bearer will be deeply indebted to a handful of people, each of whom will expect a good return on their investment.

And this is just the beginning. We haven’t even come to the general election.

Non-profit political fronts like “Crossroads GPS,” founded by Republican political guru Karl Rove, are already gathering hundreds of millions of dollars from big corporations and a few wealthy individuals like billionaire oil and petrochemical moguls David and Charles Koch. The public will never know who or what corporation gave what because, under IRS regulations, such non-profit “social welfare organizations” aren’t required to disclose the names of those who contributed to them.

Before 2010, federal campaign law and Federal Election Commission regulations limited to $5,000 per year the amount an individual could give to a PAC making independent expenditures in federal elections. This individual contribution limit that was declared unconstitutional by the District of Columbia Court of Appeals in a case based on the Supreme Court’s grotesque decision at the start of 2010, Citizens United vs. Federal Election Commission.

Now, the limits are gone. And this comes precisely at a time when an almost unprecedented share of the nation’s income and wealth is accumulating at the top.

Never before in the history of our Republic have so few spent so much to influence the votes of so many.

(Robert Reich is Chancellor's Professor of Public Policy, University of California at Berkeley
and the author of Aftershock: The Next Economy and America's Future, now in bookstores. This post originally appeared at RobertReich.org.) -cw

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